MasTec Q4 2020 Earnings Report
Key Takeaways
MasTec announced strong fourth quarter and full year financial results. Q4 revenue was $1.6 billion, with a GAAP net income of $112.9 million, or $1.54 per diluted share. Adjusted EBITDA was $261.5 million.
GAAP net income was $112.9 million.
Adjusted EBITDA was $262 million.
Diluted earnings per share reached $1.54.
Adjusted diluted earnings per share was $1.75, exceeding guidance expectations.
MasTec
MasTec
MasTec Revenue by Segment
Forward Guidance
The Company expects full year 2021 revenue will approximate $7.8 billion, a record level. 2021 full year GAAP net income and diluted earnings per share are expected to approximate $321 million and $4.34, respectively. Full year 2021 adjusted EBITDA and adjusted diluted earnings per share are expected to approximate $875 million, representing a record level, or 11.2% of revenue, and adjusted diluted earnings per share expected to be $5.00.
Positive Outlook
- Full year 2021 revenue will approximate $7.8 billion, a record level.
- 2021 full year GAAP net income is expected to approximate $321 million.
- Full year 2021 diluted earnings per share are expected to be $4.34.
- Full year 2021 adjusted EBITDA is expected to approximate $875 million, representing a record level, or 11.2% of revenue
- Adjusted diluted earnings per share expected to be $5.00.
Revenue & Expenses
Visualization of income flow from segment revenue to net income